A good example of a monopolistic competitive industry is

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The country music industry is a good example of a monopolistically competitive industry as there are several firms producing similar products but each firm has their own unique sound and appeal to consumers. This allows firms to have some control over the price of their product and differentiation from competitors, unlike perfect competition where firms sell identical products. The other options are not good examples of monopolistically competitive industries as the federal highway system and wheat farms are more in line with perfect competition and the four major textbook publishers hold a significant share of the market, making it more oligopolistic.

A Good Example of a Monopolistic Competitive Industry Is